Reddit is the most popular news community in the United States, widely regarded as one of the internet's most engaging platforms and a hub for highly organized communities. This comprehensive social news site, functioning as a decentralized online community, brings together diverse individuals sharing common interests and concerns, fostering a strong sense of organization and belonging. Reddit's slogan is "Come for what you love, stay for what you discover."
In the realm of economics and finance, the WallStreetBets (WSB) subreddit serves as a critical hub for disseminating financial investment information. A notable example is the "Wall Street short squeeze" incident, often described as a "major battle" between retail investors and institutional investors in the U.S. stock market. During this information storm, many retail investors were mobilized through the Reddit subreddit.
The textual content of posts and comments within the Reddit WSB subreddit constitutes highly distinctive alternative data in the financial industry. This data not only provides investors with market insights but also offers large-scale textual data support for related research. CnOpenData has collected posts and comments data from the Reddit WSB subreddit, encompassing an extensive sample of post texts and comment texts. By employing a unique data structure, it establishes linkages between comments and posts, facilitating academic usage.
Time Period
2017.12-2024 (can be updated as needed)
Field Display
Sample Data
Reddit WSB Subreddit Post Information Table
Reddit WSB Subreddit Comment Information Table
Relevant Literature
- Indranil Ghosh, Esteban Alfaro-Cortés, Matías Gámez, Noelia García-Rubio, 2024, "Reflections of public perception of Russia-Ukraine conflict and Metaverse on the financial outlook of Metaverse coins: Fresh evidence from Reddit sentiment analysis", International Review of Financial Analysis, Volume 93.
- Guohou Shan,Liangfei Qiu,2026,"Balancing Acts: Unveiling the Dynamics of Post Removal on Social Media User-Generated Content",Information Systems Research.
- Daniel Bradley , Jan Hanousek, Jr. , Russell Jame , Zicheng Xiao,2023,"Place Your Bets? The Value of Investment Research on Reddit’s Wallstreetbets ",The Review of Financial Studies, Volume 37.
Data Update Frequency
Annual updates